1400 Carroll Street, Los Angeles, CA 90026

• 3,325 sqft

Property Description

1400 Carroll is an an artfully restored historical triplex in the heart of Echo Park, one of Los Angeles’ most vibrant and sought-after neighborhoods. The property currently offers a return of 5.74%, with the existing A+ tenants paying $7,196, $5,400, and $3,502 in rent. Additionally, the property is being delivered with SHOVEL READY plans for a freestanding 2-bedroom, 2-bathroom ADU and RTI plans for a second 2-bedroom, 2.5-bathroom freestanding ADU. We project over $1 million in added value with the construction of these units. Located on Douglas Street, widely regarded as one of the most charming streets in the area, this property is just a short distance from Echo Park Lake, the iconic Baxter Street Stairs, and neighborhood favorites like Lowboy, The Echo, and Bar Flores. Fully remodeled from top to bottom, 1400 Carroll features brand-new systems, high-end custom finishes, and thoughtfully designed interiors, blending modern amenities with timeless character. The unit mix includes two 4-bedroom, 3-bath units and one 2-bedroom, 2-bath unit, all boasting in-unit washer/dryers, landscaped patio areas, and bespoke finishes that make each space truly unique. To sweeten the deal, the triplex comes fully furnished, offering a turnkey opportunity for investors or owner-users. Buyers who build the ADUs could achieve close to a 7.5% cap rate, ensuring strong returns in one of LA’s hottest markets. From its prime location on a historic street and meticulous renovation to its incredible upside potential, 1400 Carroll St is a rare find in Echo Park. Don’t miss this chance to own an artfully restored gem with modern amenities and exceptional long-term value in one of Los Angeles’ trendiest neighborhoods!

Listing Status:

Active

Date Added:

September 16, 2025 at 05:00AM

Listing Office:

Myunits.com Inc. : 844-698-6487

Listing Agent:

Lauren Cearley : 844-698-6487

MLS ID:

BB25218802

Interior

• General: Instant Hot Water
• Appliances: DishwasherElectric OvenGas RangeRefrigeratorDryerWasher
• Laundry: Washer HookupElectric Dryer Hookup
• A/C: Central Air
• Heating: Central
• Fireplace: Dining RoomFireplace

Exterior

• General: Lighting
• Pool: None
• Parking: On StreetParking spaces: 0

Construction

• General: 2

Location

• Road/Access: City Street
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LAR25405013002
• View: City LightsNeighborhoodView

Utilities

• Utilities: Standard
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM

This listing courtesy of Lauren Cearley, Myunits.com Inc.